READYPOWER RAIL SERVICES LIMITED - Profile & Financials

Accounts Submitted 15 Sept 2025

Confirmation Statement Submitted 28 Jan 2025

Net assets £38.02M £3.26M 2024 year on year

Total assets £144.52M £21.37M 2024 year on year

Total Liabilities £106.50M £18.11M 2024 year on year

Charges 11

1 outstanding 10 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Unit 620 Wharfedale Road Winnersh Wokingham RG41 5TP England

Office (Nottingham)

Gotham Rd, Nottingham NG11 0DF

Telephone

0115 896 3700

enquiries@completedrainclearance.co.uk

Website

readypower.com

Credit Report

Discover READYPOWER RAIL SERVICES LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£733.00k

Decreased by £790.00k (-52%)

Net Assets

£38.02M

Increased by £3.26M (+9%)

Total Liabilities

£106.50M

Increased by £18.11M (+20%)

Turnover

£68.38M

Increased by £18.69M (+38%)

Employees

312

Increased by 65 (+26%)

Debt Ratio

74%

Increased by 2 (+3%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active 10 resigned

Show resigned officers

						Status
Darren Clive Matthews	Director	British	England	57	15 May 2023	Active
James Richard Oliver	Director	British	United Kingdom	48	15 May 2023	Active
James Robert Stanford	Director	British	England	45	15 May 2023	Active
Russell George Jack	Director	British	England	57	3 Feb 2017	Active

Shareholders

Shareholders (5)


Readypower Rail Services Group Ltd	100.0%	100	Ordinary	5 Mar 2018
Matthew J. E. Mahoney	0.0%	0	Ordinary	5 Mar 2018
Lucy V. L. Frost	0.0%	0	Ordinary	5 Mar 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Readypower Group Limited

United Kingdom

Active

Notified 16 Nov 2022

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Readypower Rail Services Group Limited

Ceased 16 Nov 2022

Ceased

Julie Irene Mahoney

Ceased 3 Feb 2017

Ceased

See All Controllers

Group Structure

READYPOWER GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ANGEL TRAINS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

AMALFI CO 8 LTD united kingdom voting rights 75 to 100 percent, appoint/remove directors

PSP INVESTMENTS HOLDING EUROPE LTD united kingdom

READYPOWER RAIL SERVICES LIMITED Current Company

Charges

1 outstanding 10 satisfied

Documents

Company Filings

Date	Category	Description	Document
15 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(37 pages)
10 Jul 2025	Officers	Termination of William Gerard Devanney as director on 2025-04-30	View(1 page)
28 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-28 with updates	View(5 pages)
14 Jan 2025	Officers	Change to director Mr James Richard Oliver on 2025-01-14	View(2 pages)
18 Sept 2024	Accounts	Annual accounts made up to 2023-12-31	View(37 pages)